Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?

Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring

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Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?

Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring

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De Beers’ Rough Production Rises 88% in Q2 2026

London: De Beers has reported that its rough diamond production was 88% higher at 7.8 million carats, reflecting the impact of the extended maintenance shutdown in the comparative period at Orapa in Botswana, as well as the planned mining of higher-grade ore at both Jwaneng in Botswana and Gahcho Kué in Canada. Planned plant maintenance at Orapa and Jwaneng during

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Only Natural Diamonds Should be Graded with 4Cs: CIBJO

Milan: The Diamond Commission of the World Jewellery Confederation (CIBJO) has insisted that the 4C polished diamond grading system (cut, color, clarity, and carat weight) should only be used for natural stones, but not synthetic ones. In the Special Report prepared for the upcoming 2026 CIBJO Congress, the Commission’s head Udi Sheintal also urged the industry’s stakeholders to use the

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Forevermark Diamond Jewellery Enters East India

Kolkata: Forevermark Diamond Jewellery from De Beers Group has strengthened its presence in East India with the launch of its new store at South City Mall, Kolkata, marking the opening of its 10th store in India and another significant milestone in the brand’s retail expansion journey. Inaugurated by filmstar Raima Sen, the store brings Forevermark’s signature collection of natural diamond jewellery to one of the

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India’s G&J Exports Recovers in June 2026

Mumbai: India’s gem and jewellery (G&J) exports rebounded sharply in June 2026, with gross exports rising 26.51% year-on-year to US$2.21 billion (Rs. 21,010.78 crore), signalling a recovery in overseas demand after a subdued start to the financial year. Despite the strong monthly performance, exports for the April-June quarter remained largely unchanged at US$6.61 billion (Rs. 62,588.61 crore), up just 0.04%

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Women's Group of WJH with Special Task

Panama: A group of female jewelers, who first joined together during the women’s empowerment session at the Second LATAM Jewelry and Diamond Week at the World Jewelry Hub (WJH) in June, has launched a grass-roots initiative that is designed to communicate their gender’s particular perspective on the way jewelry and gemstones should be marketed. Calling themselves “Mujeres Brillantes” (“Brilliant Women”

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More Relief for Indian Jewellers

New Delhi: The Indian Government has decided to increase the small scale unit (SSI) eligibility limit and exemption limit for gold jewellery manufacturers. The decision was taken on the report of the committee appointed under the chairmanship of Ashok Lahiri, former chief economic advisor, in the aftermath of jewellers’ strike last March to oppose excise duty. The SSI eligibility limit

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BrilliAnt Opened for International Exhibitors

Antwerp: The Antwerp Diamond Bourse, The Antwerp Diamond Club, The Antwerp Diamond Kring and the AWDC announced that BrilliAnt®, the 8th edition of the Antwerp Diamond Trade Fair (ADTF-January 29-31, 2017), is opening its doors to international exhibitors. The Diamond Kring’s beautiful trading hall, located in the heart of Antwerp’s diamond district, will host foreign exhibitors for the first time.

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JCK Show to Move Back to The Venetian in 2019

Las Vegas: The JCK and Luxury shows in Las Vegas will return to the Sands Expo and Convention Center in 2019, the event organizers said. The shows were until 2010 located at the Sands, which is part of The Venetian and The Palazzo resorts, but were moved to the Manadalay Bay hotel complex. Reed Jewelry Group, which runs the JCK

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